Article 8 Opt-In. The Company hereby irrevocably elects that each Participation Certificate shall constitute and shall remain a “security” for purposes of Article 8 of the Uniform Commercial Code.
Appears in 5 contracts
Samples: GMSR Participation Agreement (loanDepot, Inc.), GMSR Participation Agreement (loanDepot, Inc.), GMSR Participation Agreement (loanDepot, Inc.)
Article 8 Opt-In. The Company Seller hereby irrevocably elects that each Participation Certificate shall constitute and shall remain a “security” for purposes of Article 8 of the Uniform Commercial Code.
Appears in 4 contracts
Samples: Master Spread Acquisition and MSR Servicing Agreement (PennyMac Mortgage Investment Trust), Master Spread Acquisition and MSR Servicing Agreement (Pennymac Financial Services, Inc.), Master Spread Acquisition and MSR Servicing Agreement (Pennymac Financial Services, Inc.)
